Novolipetsk Steel (“NLMK”) hereby informs the holders of the 4.00 per cent. loan participation notes due 2024 (ISIN: XS1577953174, US85812RAA77) (the “Notes”) that (i) on 21 September 2022 NLMK made the scheduled coupon payment to the holders of the Notes whose rights are recorded by Russian depositories, and (ii) on 26 September 2022 (having received the required authorization from the Ministry of Finance of Russia) NLMK transferred the amount equivalent to the balance of the coupon payment to the account of the Issuer of the Notes (Steel Funding D.A.C.) with the Principal Paying Agent (Deutsche Bank AG, London Branch), which was supposed to be on-transferred by the Principal Paying Agent to the international clearing systems for distribution to the holders of the Notes via these systems.
Press releases
28 November 2022
28 November 2022
NLMK Group announces the successful completion of its first transactions via Vtorion, an e-commerce platform for the scrap collecting and processing industry.
25 November 2022
NLMK Group, an international steel company, is pleased to announce that Expert RA has assigned it the credit rating of ruAAA with a stable outlook.
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